OnePath OneAnswer Pension
$0
$1.5k
$0
$1.5k
Pros and Cons
Pros and Cons
- Range of high interest cash funds that are government guaranteed and non-government guaranteed.
- Innovative capital protected multi-sector and Australian share funds with no minimum lock in period for protection.
- Entry fee, Nil Entry Fee and Fee for Service fee structures.
- Tax effective super to pension transfers - bonus paid to refund unrealised capital gains tax and transaction costs.
Summary
OnePath OneAnswer is a comprehensive fee for service advice solution offered by OnePath, enabling members to tailor their investment solutions to help achieve their retirement goals. OnePath OneAnswer Pension is closed to new members and is only available to existing investors as at 1 July 2013. OnePath OneAnswer offers a comprehensive investment menu, providing members with access to both OptiMix and OnePath Multi-Manager funds, as well as a range of single manager investment funds and term deposits. The OnePath Managed Growth (NCF) option underperformed the SuperRatings Index over the 10 year period to 30 June 2019.Fees are higher than the industry average across all account balances assessed; however, the dollar admin fee is waived on account balances of $10K and over. Rebates apply to account balances over $100K and an additional rebate is applied to all account balances after four years of each investment. OnePath OneAnswer Pension offers excellent flexibility, with members having the ability to receive payments monthly through to annually and to choose from multiple payment dates. Members with more than one investment option can nominate the options from which payments are to be drawn. Members are furthermore able to invest in ANZ Prime CMA which provides 'At-Call' access to pension funds like a regular bank account. Beneficiary options are comprehensive, including non-lapsing, binding and non-binding nominations, as well as reversionary pensions. OnePath's secure online facility allows members to view and update their account details, as well as perform transactions. Interactive online tools, calculators and factsheets are available through the fund's website.
Features and Fees
OnePath Fees and Features
Pros and Cons
- Range of high interest cash funds that are government guaranteed and non-government guaranteed.
- Innovative capital protected multi-sector and Australian share funds with no minimum lock in period for protection.
- Entry fee, Nil Entry Fee and Fee for Service fee structures.
- Tax effective super to pension transfers - bonus paid to refund unrealised capital gains tax and transaction costs.
OnePath OneAnswer is a comprehensive fee for service advice solution offered by OnePath, enabling members to tailor their investment solutions to help achieve their retirement goals. OnePath OneAnswer Pension is closed to new members and is only available to existing investors as at 1 July 2013. OnePath OneAnswer offers a comprehensive investment menu, providing members with access to both OptiMix and OnePath Multi-Manager funds, as well as a range of single manager investment funds and term deposits. The OnePath Managed Growth (NCF) option underperformed the SuperRatings Index over the 10 year period to 30 June 2019.Fees are higher than the industry average across all account balances assessed; however, the dollar admin fee is waived on account balances of $10K and over. Rebates apply to account balances over $100K and an additional rebate is applied to all account balances after four years of each investment. OnePath OneAnswer Pension offers excellent flexibility, with members having the ability to receive payments monthly through to annually and to choose from multiple payment dates. Members with more than one investment option can nominate the options from which payments are to be drawn. Members are furthermore able to invest in ANZ Prime CMA which provides 'At-Call' access to pension funds like a regular bank account. Beneficiary options are comprehensive, including non-lapsing, binding and non-binding nominations, as well as reversionary pensions. OnePath's secure online facility allows members to view and update their account details, as well as perform transactions. Interactive online tools, calculators and factsheets are available through the fund's website.
Read More
OnePath Fees and Features
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Product | Past 5-year return | Admin fee | Company | Calc fees on 50k | Features | SuperRatings awards | Go to site | ||
|---|---|---|---|---|---|---|---|---|---|
5.40% | $0 | Promoted | $425 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | Highlighted | |||
3.69% | $660 | Promoted | $1.2k | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | ||||
2.38% | $0 | Promoted | $1.3k | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | ||||
2.38% | $0 | Promoted | $1.5k | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | ||||
1.99% | $0 | Promoted | $1.4k | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | ||||
New | $50 | Promoted | $325 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | ||||
- | $0 | Promoted | $365 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details |
Popular pension funds products
AMG Super - Account Based Pension
$65
$680
- 5 managed and 6 sector specific options as well as over 50 managed funds at wholesale rates.
- Direct access to direct equities for members.
- Same fee structure as the employer and personal products but no tax rebate available.
- Online access to all transactions and investment performance.
